Michael Spellacy

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Michael Spellacy

Michael Spellacy

@mgspellacy

CEO at Atlas Crest Investment Corp. Transformational Growth Leader | Investor, Advisor, Strategist | Views my own

New York, NY Katılım Aralık 2015
970 Takip Edilen11.9K Takipçiler
Michael Spellacy
Michael Spellacy@mgspellacy·
Yale's legendary endowment model is under pressure. With private equity trailing the S&P and liquidity dwindling, even Yale is selling stakes and cutting back on traditional hedges. It's time for institutional investors to retool. #PrivateEquity wsj.com/finance/invest…
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Michael Spellacy
Michael Spellacy@mgspellacy·
OpenAI's private valuation nears $500B... more than any tech IPO ever. SpaceX and Anthropic? Not far behind. These stats are reflective of a class of AI assets with scale to match. wsj.com/articles/start…
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Michael Spellacy
Michael Spellacy@mgspellacy·
Private equity is innovating with liquidity: portfolio loans, continuation vehicles, and even CV-squared collateral. Investors get a way out while firms keep their winners. bloomberg.com/news/articles/…
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Michael Spellacy
Michael Spellacy@mgspellacy·
Venture debt just hit $53B in 2024... record volume despite fewer deals. Lenders are leaning into mature private companies with real revenue instead of early-stage plays. Smart, strategic shift. wsj.com/articles/ventu…
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Michael Spellacy
Michael Spellacy@mgspellacy·
@WSJ Retirement accounts could be a powerful growth engine for PE. The challenge is whether firms can balance accessibility with returns in a market already cautious on pricing.
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The Wall Street Journal
The Wall Street Journal@WSJ·
Heard on the Street: Despite the opportunity in retirement accounts, fears of slow sales and tight pricing are weighing on private-equity stocks on.wsj.com/4lxzTwY
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Michael Spellacy
Michael Spellacy@mgspellacy·
AI is rewiring #VC math. According to Jon McNeill (Tesla, Lyft), DVx startups are now reaching Series A with 80% less seed funding - thanks to AI agents replacing teams early on. Time to rethink equity models. #SeriesA axios.com/2025/08/07/ai-…
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Michael Spellacy
Michael Spellacy@mgspellacy·
This is a great way to strip the noise away and focus on what's really valuable in an investment decision. These 3 questions force clarity on industry fundamentals, the company's staying power & valuation discipline. Simple to state, but answering them well takes deep conviction.
PrivateEquityGuy (Mike Markus)@PrivatEquityGuy

Spoke to a private equity professional who bought two companies. He said that after years of study, he can boil down every investment thesis to three things: 1. Why does this industry exist and will continue to do so? 2. Why does this company exist and will continue to do so? 3. And at what price is this attractive?

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Michael Spellacy
Michael Spellacy@mgspellacy·
Longevity startups are facing a reality check. Big market, big interest. Science moves at its pace, and the business model takes precision. Next-gen founders bring grit, patience, and a clear path to revenue. forbes.com/sites/sindhyav…
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Michael Spellacy
Michael Spellacy@mgspellacy·
PE deal flow has slowed so much that many mid-market firms are turning into #ZombieFunds stuck with old assets, no new capital, and limited exits. Secondary buyers and liquidity vehicles are quickly becoming critical tools. #PrivateEquity
Mo Hossain@MoHossain

PE’s age-old sin? Overpay at the door, get stuck at the exit—buying’s easy, selling’s hard, and only Uncle Sam’s checkbook can free the zombie funds. 🗞️Private Equity’s Deal Drought Is Creating Zombies bloomberg.com/news/newslette… #Secondary #mergersandacquisitions #markets #MnA #privateequity #deals #lp #lbo #investors #exit #valuation #Gp #LBO #interestrate #fed #fund #Investor

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Michael Spellacy
Michael Spellacy@mgspellacy·
@syouth1 Appreciate the thoughtful take here. Dispersion like that really shows how important selection is in private markets. Opportunity may be wide, but so is the range of outcomes.
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Jeffrey Ptak
Jeffrey Ptak@syouth1·
I stepped out of my comfort (competence?) zone a bit to write about private equity and venture capital funds. There’s a wider dispersion of returns among such funds. It tells you something, about opportunity and peril alike, as I explain here, fwiw. spr.ly/6017fRGWb
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